-+ 0.00%
-+ 0.00%
-+ 0.00%
The United Arab Emirates and Germany announced on the 10th that the UAE plans to invest 40 billion euros in Germany to deepen cooperation between the two countries in digital infrastructure and other fields. This news was announced when UAE President Mohammed began his first state visit to Germany on the 10th. The German government said the investment will be used in part to build digital infrastructure. The two sides plan to establish an investment committee to further strengthen investment and dialogue between the two countries and expand cooperation in fields such as artificial intelligence and new technologies. According to reports, the UAE President's current visit comes at a time when the ongoing conflict between the US and Iran is stirring up the Gulf region. US President Trump's foreign policy changes from time to time, prompting some medium-sized countries to seek diversification of strategic and economic partnerships.
Share
Listen to the news
The United Arab Emirates and Germany announced on the 10th that the UAE plans to invest 40 billion euros in Germany to deepen cooperation between the two countries in digital infrastructure and other fields. This news was announced when UAE President Mohammed began his first state visit to Germany on the 10th. The German government said the investment will be used in part to build digital infrastructure. The two sides plan to establish an investment committee to further strengthen investment and dialogue between the two countries and expand cooperation in fields such as artificial intelligence and new technologies. According to reports, the UAE President's current visit comes at a time when the ongoing conflict between the US and Iran is stirring up the Gulf region. US President Trump's foreign policy changes from time to time, prompting some medium-sized countries to seek diversification of strategic and economic partnerships.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending